The (USDCAD) price rose slightly in its last intraday trading, supported by its continuation to trade above EMA50, besides the emergence of positive signals on the (RSI), indicating an improvement in the technical momentum on a short-term basis.

On the other hand, the price faces technical pressures by its approach form a main bearish trend line, putting it within confused area, this contradiction between the bullish technical signals and the bearish trend creates a confused situation, which might continue until breaking one of these lines clearly to the upside or downside.

The (USDJPY) price settled high in its last intraday trading, after its success in offloading the clear overbought conditions on the (RSI), providing extra space for the bullish move. The price is getting ready to reach the current level at 147.00 due to the improvement of the technical momentum.

The continuation of the bullish correctional trend reinforced our expectations on the short-term basis, besides the trading alongside a bullish bias line, and the dynamic support remains valid by its stability above EMA50, which supports the chances of achieving more of the gains on the near-term basis.

The (GBPUSD) price rose slightly in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold level previously, to offload this condition, which opens the way for recording more of the downside moves in its upcoming trading, especially with its move alongside a bearish correctional trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, forming an intensified negative pressure on the pair’s move.

The price of Bitcoin (BTCUSD) resumed its stability in bearish range in the intraday levels, amid its attempts to gain positive momentum that supports its recovery and return to the bullish track, these attempts accompanied by the price attempt to offload some of the clear overbought conditions on the (RSI), especially with emergence of negative signals on these indicators.

The main bullish trend remains valid on the short-term basis, supported by the trading above EMA50, besides its stability alongside a bullish bias line, providing a dynamic support base that might reinforce the chances for the bullish track return in its upcoming moves.